Nifty Technical analysis and Free Trading calls for 26th October 2016

Nifty future today closed at 8702 with the loss. Nifty future saw some profit booking and closed flat negative on account of that. For tomorrow, the nifty future outlook remains bullish and strategy remains to buy at support zones. For tomorrow, nifty future intraday support zones are 8660 and 8620. These are intraday long entry zones for tomorrow. Nifty future intraday resistance zones are 8730 and 8780 and these are an intraday target for nifty future intraday traders. Swing nifty traders watch for 8730 breakouts for a positional target of 8895 in November series. Use these corrections to buy and accumulate in nifty futures. Nifty option traders can buy nifty 8900 call options of November expiry around 50-55 for intraday with stop loss for targets 70 to 75. Swing traders can expect 150 to 200 levels in medium terms.

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